81, HOVETON CLOSE, REDDITCH, B98 7HW - £258,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

81 HOVETON CLOSE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £258,500 in May 2015, which was around 3% below the average May 2015 detached price in the Redditch local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

81 HOVETON CLOSE Sold Prices

Land registry data shows two sales for 81 HOVETON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. One of the two 81 HOVETON CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 22 MAY	£258,500	£267,710	3% below HPI
2001 28 SEP	£169,995	£145,935	16% above HPI

81 HOVETON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The two 81 HOVETON CLOSE sales from September 2001 and May 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 81 HOVETON CLOSE?

81 HOVETON CLOSE is 130m² according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 81 HOVETON CLOSE lies on this distribution: 72% of detached houses are smaller than 81 HOVETON CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Redditch.

81 HOVETON CLOSE: Plot and Title Map

81 HOVETON CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 81 HOVETON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 81 HOVETON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 81 HOVETON CLOSE?

81 HOVETON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 81 on HOVETON CLOSE.